If you have thought a great deal about transferring your business to the next generation or to a key employee or selling it to an outside, third party (such as a private equity group, a competitor, an industry consolidator, a qualified individual), you doubtless have realized that there are many things to consider. Even if you haven’t yet started looking forward to that inevitable day, we hope that the questions below will get you thinking about the future - your future. Success in exiting business ownership, in accomplishing your own dreams and objectives requires clear thinking on what is usually the most important series of decisions in your business career. In consideration of both the financial and personal/emotional consequences for you and your family, these decisions must be informed by good information, never made “seat of the pants”. We’d like to share here some questions that commonly arise and, if appropriate, help you answer them with careful attention to your personal needs and objectives and the unique circumstances of the business you have.